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Gold prices increase by over two percent
Gold prices rose by more than 2%, with the metal increasing by 2.1% to reach $4,083.99 per ounce, after weak inflation data in the U.S. boosted hopes for easier monetary policy. U.S. futures also climbed by 2.2%, and other precious metals surged as well, with silver rising by 2.2% to $58.89 and palladium jumping by 2.4% to $1,275.73.
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